Pre-migration untagged articles

Towards the end of 2005, we suggested that there might be some changes in the corporate, investment banking and markets division of HSBC.

Issuance in Icelandic krónur has continued into 2006, defying predictions that the currency would falter as the hype surrounding its introduction into the international bond market last August died down.

The dire need for increased long dated Gilt issuance, both conventional and index-linked, dominated the UK Treasury's annual meeting with investors and Gilt-Edged Market Makers (GEMMs) on Wednesday.

Who said the age of chivalry was dead? From the hard bitten and often brutal world of Eurobonds comes a tale of warmth and romanticism.

Is there a tug-of-war going on at Morgan Stanley, the house which John Mack, one of the patron saints of all bond salesmen, came to rescue?

ABN Amro's Amstel Funding Corp credit arbitrage conduit has added the ability to issue extendible notes and callable notes to its programme. The A-1/P1 rated Amstel, which was signed in December 2002, now has outstandings of Eu27.6bn.

The highlight of the European corporate bond market this week was a Eu2.85bn financing by UK airports operator BAA. Unlike the last jumbo deal, Spanish telecoms group Telefónica's Eu5.5bn fundraising two weeks ago, BAA performed well.

Not for the first time the US auto sector provided the week's greatest volatility and spread movement. GMAC rallied by 100bp in the first few hours of the week alone after it was reported that Citigroup is in talks to acquire the finance unit of General Motors (GM).

Brazil had to reduce a Eu500m reopening of its 2015 Eurobond to Eu300m this week, when a sudden weakening of the market erased all the concession it was offering to secondary market trading levels.

Lithuania showed other new EU member states just how to issue a benchmark bond yesterday (Thursday), by smoothly selling a Eu400m increase to its Eu600m 3.75% 2016 bond at 5bp over mid-swaps — the tightest spread achieved by a new EU member country.

Lithuania showed other new EU member states just how to issue a benchmark bond yesterday (Thursday), by smoothly selling a Eu400m increase to its Eu600m 3.75% 2016 bond at 5bp over mid-swaps — the tightest spread achieved by a new EU member country.